TSMC Secures Land for Advanced Manufacturing in Southern Taiwan Science Park
Translated from Chinese, summarized and contextualized by DistantNews.
At a glance
- TSMC has secured land rights in the A zone of the Southern Taiwan Science Park (STSP) for its advanced manufacturing processes, extending its lease to 50 years.
- This expansion signifies TSMC's commitment to deepening its advanced manufacturing footprint in Tainan and advancing Taiwan's semiconductor industry.
- The agreement, signed by Tainan Mayor Huang Wei-che and TSMC Vice President Chuang Tzu-shou, is a crucial step in implementing the national policy of retaining advanced semiconductor manufacturing in Taiwan.
Taiwan Semiconductor Manufacturing Company (TSMC) has finalized its land acquisition for an advanced manufacturing facility in the Southern Taiwan Science Park (STSP), marking a significant milestone for the region and the nation's semiconductor industry. The company secured project-specific land rights in Zone A of the STSP, agreeing to a 50-year lease for 22 industrial-zoned plots in the An-ting district.
This move solidifies Tainan's position as a critical hub for the world's most advanced wafer fabrication processes and reinforces Taiwan's strategic importance in the global semiconductor supply chain. The signing ceremony was witnessed by Tainan Mayor Huang Wei-che and TSMC Vice President Chuang Tzu-shou, officially launching this vital investment.
Mayor Huang highlighted the semiconductor industry's role as Taiwan's economic backbone and a strategic core of global supply chains. He noted Tainan's established prominence as the island's premier wafer manufacturing center. The city government expedited cross-agency coordination to meet TSMC's development needs, aligning with the national policy to keep advanced manufacturing processes in Taiwan.
The land development project in STSP, encompassing zones A through O, is expected not only to attract more high-tech industries and solidify Tainan's global semiconductor standing but also to provide necessary residential, commercial, and public facilities. This comprehensive development aims to balance industrial growth with quality of life, creating jobs and economic momentum for Tainan, further elevating its strategic position in the global semiconductor landscape.
Advanced semiconductor manufacturing is not only an important pillar of Taiwan's economy but also a strategic core of the global supply chain, and Tainan has long become the most important wafer manufacturing center in Taiwan.
Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.